Which of the Following Is NOT an Institution

question 81

Multiple Choice

Which of the following is NOT an institution?

• A)A set of rules for cooperation among states.
• B)A prime minister declaring war on another country.
• C)Organizations consisting of several sovereign states.
• D)Nongovernmental organizations.
• E)Informal norms,such as the norm against slavery.

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Definitions:

Protection

Measures or actions taken to guard against harm, damage, loss, or any unwanted outcome, often referring to safeguarding people, property, or interests.

Promissory Note

A written promise to pay a specified sum of money to another party under agreed terms at a specified time.

Bill of Exchange

A written, unconditional order by one party, directing another party to pay a specific sum of money to a third party on demand or at a set time.

Vertical Merger

The combination of two or more companies that operate at different levels within the same industry's supply chain.